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"Republican senators in Wisconsin Wednesday night maneuvered around Democrats to pass legislation (18-1) stripping public employees' unions of collective-bargaining rights, setting the stage for other states to pursue similar steps in one of the broadest challenges to organized "labor in decades" read more at WSJGovernor Walker is taking drastic measures to close Wisconsin's budget deficit.
"His state is braced with a $137 million budget shortfall for the fiscal year ending June 30 and a projected $3.6 billion gap over the next two years." read more at CSMonitor
The UpTake has a live video stream from inside the Capitol which I embedded below (hat tip zerohedge). Watch out for a nationwide general workers strike. That could do some damage.
Interesting history: "The textile workers' strike of 1934 was the largest strike in the labor history of the United States at the time, involving 400,000 textile workers from New England, the Mid-Atlantic states and the U.S. Southern states, lasting twenty-two days" (read more at Wikipedia, h/t pdenlinger).